Can use CPF for Shortfall between flat price & HLE amount?

[mm_2004]

Hi,

I want to know if I can use my CPF for the shortfall between HDB flat price and HLE amount? I am a Singapore Citizen and now waiting for HLE result. I am worried the granted HLE amount will be lower than flat price.

What I know is a bank loan taker can use CPF to pay for 10% downpayment. But I am not sure a HDB loan taker need to pay for how many % downpayment and whether can use CPF for the downpayment?

Thanks in advance for your info.

[therat]

why don't u email HDB and ask?

[kiwi73]

Or you could review CPF FAQ here http://ask-us.cpf.gov.sg/explorefaq.asp

Browse All FAQ by Category -> Owning a property -> Public Housing Scheme.